Canned Fruits Market Size (2024 - 2029)

Canned Fruit Market Analysis

The Canned Fruits Market size is estimated at USD 12.20 billion in 2024, and is expected to reach USD 16.20 billion by 2029, growing at a CAGR of 5.81% during the forecast period (2024-2029).

• The primary factors driving the anticipated market growth are developments that advance canning technology. Increased research and development spending is associated with the production of healthier foods, improved "Nutri-score" labels, and a wider range of convenience products. The market will expand as a result of the developing distribution network for canned goods across the globe. Consider offline and online retailers that specialize in a niche or specialty food markets, such as Asian, Halal, vegan, organic, etc. The market for canned fruits and vegetables is still heavily influenced by the long shelf life of these products.
• Prices have a big impact on what people spend on food, which ultimately helps to explain some of the trends in the food marketing industry. Low-income individuals like to shop at low-cost shops/outlets and frequently purchase less expensive foods. Private-label manufacturers dominate this category since they are generally offered at lower prices than branded or big players. These goods have long been easily accessible in supermarkets and other retail stores. As a result, mass market outlets are seeing an increase in sales as producers continue to release low-cost canned goods in large quantities.
• Canned fruits require a specific environment of storage and unwanted complications occur if the product is exposed to incompatible conditions. This mostly happens if the contents are not being consumed in a short time once the can is opened. Nevertheless, secondary plastic lids are being considered as a remedy to tackle enzymatic reactions that lead to spoilage.

Canned Fruit Industry Segmentation

Canned fruits are products prepared from fresh, frozen fruits following the thermal process, or processed by another physical method. Depending on the product type, the products go for various operations such as washing, peeling, coring, stemming, grading, cutting, etc. The canned fruits market is segmented into fruit types, form, distribution channels, and geography. By fruit type, the market is segmented into peaches, pineapple, mandarin oranges, pears, and others. Based on the form, the market is classified into whole fruits and cut fruits. Based on distribution channels, the market is segmented into supermarkets/hypermarkets, convenience stores, online retail stores, and other distribution channels. The market has also been studied by geography under North America, Europe, Asia Pacific, South America, and the Middle East and Africa regions. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).